The Gujarat Chief Minister has launched the Shramik Annapurna Yojana on July 18. The programme was introduced by the state government with the aim to provide 1,700 calories per meal by make available one nutritious meal to labourers for Rs 10 every day. The government has allotted Rs 50 crore for this programme.

The Vadodara Municipal Corporation (VMC) will be constructing 2,600 houses for the economically weaker sections (EWS). The civic body will construct these houses at Kishanwadi area in the city as a part of the project. The housing scheme will come up under Pradhan Mantri Aavas Yojana (PMAY) at Sanjaynagar in Warasiya.

The Minister of Road Transport & Highways and Shipping Nitin Gadkari has emphasised on fast-tracking the award and construction of National Highways projects. In a review of NHAI projects, Gadkari reportedly said that while a record 16,271 km of NHs have been awarded and 8,231 km constructed during 2016-17, work needs to be done at a much faster pace to award more projects and construct those that have been awarded. Reportedly, he added that there will be an award for the best performing Project

Among the several large infrastructure projects being executed by Tata Projects is the Dedicated Freight Corridor (DFC). “The project is being built using automated track laying machines,” says Vinayak K Deshpande, Managing Director, Tata Projects.

India is acquiring quite the reputation for construction! Major infrastructure projects in the country that have been internationally lauded include the Metro Rail, Chenab Bridge, Qazigund Tunnel and Eastern Freeway along with the Golden Quadrilateral highway network, port connectivity and national waterways.

Apart from the favourite asset classes of office and residential, private equity (PE) has been taking increased interest in warehousing, logistics and retail real estate. PE investors and overseas developers are already looking at opportunities to enter India’s industrial and warehousing sector by investing in various development projects.